{smcl}
{com}{sf}{ul off}{txt}{.-}
      name:  {res}<unnamed>
       {txt}log:  {res}D:\Research\Tax Withholding\VMB Replication (log).smcl
  {txt}log type:  {res}smcl
 {txt}opened on:  {res}25 May 2020, 15:25:20

{com}. use "D:\Research\Tax Withholding\VMB Replication data.dta"

. do "C:\Users\cvossler\AppData\Local\Temp\STD4548_000000.tmp"
{txt}
{com}. /*This do-file replicates results presented in Christian A. Vossler, Michael McKee, and David M. Bruner,  
> "Behavioral effects of tax withholding on tax compliance: Implications for information initiatives" */
. 
. *The name of the public use data file is "VMB Replication data.dta"
. *Two-way fixed effects models use the "reghdfe" command. For installation information, go to http://scorreia.com/software/reghdfe/
. *For questions, contact Christian Vossler (cvossler@utk.edu)
. 
. 
. // Summary stats (Table 6)
. sum TaxReported LiabilityService TaxWithheld ExpectedLiability TaxUnderwithheld TaxOverwithheld Underwithheld Overwithheld Compliance Fairness ///
> EarnedIncome HighStandard Itemized AuditRate LiabilityServiceNot SocialInteractions ///
> TaxUnderwithheldInfo TaxOverwithheldInfo ComplianceInfo EarnedIncomeInfo ItemizedInfo ///
> LiabilityServiceAvailable ComplianceWH EarnedIncomeWH HighItemized Audited UnexpectedTaxIncrease UnexpectedTaxDecrease ///
> RiskAverse EmployedFulltime Female Age CollegeDegree UT TotalIncome NonmatchedIncome AskedForAdvice UsedPrepService ReportedTaxesOwed FiledJointly ItemizedDeductions 

{txt}    Variable {c |}        Obs        Mean    Std. Dev.       Min        Max
{hline 13}{c +}{hline 57}
{space 1}TaxReported {c |}{res}      6,378    566.2423     305.832       -250       1500
{txt}Liability~ce {c |}{res}      6,399    .2076887    .4056844          0          1
{txt}{space 1}TaxWithheld {c |}{res}      6,399    805.4774     397.575          0       1500
{txt}ExpectedLi~y {c |}{res}      6,399    664.5483    222.3313   75.29869   1227.625
{txt}TaxUnderwi~d {c |}{res}      6,399    90.82632    155.5509          0   683.5358
{txt}{hline 13}{c +}{hline 57}
TaxOverwit~d {c |}{res}      6,399    231.7554    238.7932          0   924.7013
{txt}Underwithh~d {c |}{res}      6,399    .3356774    .4722636          0          1
{txt}Overwithheld {c |}{res}      6,399    .6536959    .4758287          0          1
{txt}{space 2}Compliance {c |}{res}      6,040    376.7494    340.7359          0   1408.885
{txt}{space 4}Fairness {c |}{res}      6,040    376.3272    285.4591          0        820
{txt}{hline 13}{c +}{hline 57}
EarnedIncome {c |}{res}      6,399    1776.901    432.2897   754.9208   2748.071
{txt}HighStandard {c |}{res}      6,399    .5044538    .5000192          0          1
{txt}{space 4}Itemized {c |}{res}      6,399    365.0129    142.4554   12.26233   736.6971
{txt}{space 3}AuditRate {c |}{res}      6,399    .2990624    .1635389         .1         .5
{txt}LiabilityS~t {c |}{res}      6,399    .2845757    .4512474          0          1
{txt}{hline 13}{c +}{hline 57}
SocialInte~s {c |}{res}      6,399    .6596343    .4738692          0          1
{txt}TaxUnderwi~o {c |}{res}      3,150     91.2996     153.566          0      562.5
{txt}TaxOverwit~o {c |}{res}      3,150    216.3194    232.5877          0     718.75
{txt}Compliance~o {c |}{res}      2,975    388.2256    332.0774          0   1267.963
{txt}EarnedInco~o {c |}{res}      3,150    1779.167    416.7775       1125       2375
{txt}{hline 13}{c +}{hline 57}
ItemizedInfo {c |}{res}      3,150    372.4405    134.0768      187.5      562.5
{txt}Liability~le {c |}{res}      6,399    .4922644    .4999792          0          1
{txt}ComplianceWH {c |}{res}      6,040    381.5557    338.1013          0     1288.8
{txt}EarnedInco~H {c |}{res}      6,399    1779.067    406.9561       1250       2250
{txt}HighItemized {c |}{res}      6,399    .4946085      .50001          0          1
{txt}{hline 13}{c +}{hline 57}
{space 5}Audited {c |}{res}      6,040    .2988411    .4577879          0          1
{txt}Unex~ncrease {c |}{res}      6,399    12.26266    29.36044          0        125
{txt}Unex~ecrease {c |}{res}      6,399    14.29423    32.42022          0        125
{txt}{space 2}RiskAverse {c |}{res}      6,399    .3886545    .4874826          0          1
{txt}EmployedFu~e {c |}{res}      6,399    .7238631    .4471203          0          1
{txt}{hline 13}{c +}{hline 57}
{space 6}Female {c |}{res}      6,399    .5752461    .4943442          0          1
{txt}{space 9}Age {c |}{res}      6,399    38.18097    13.79261         18         68
{txt}CollegeDeg~e {c |}{res}      6,399    .4064698    .4912126          0          1
{txt}{space 10}UT {c |}{res}      6,399     .533052    .4989454          0          1
{txt}{space 1}TotalIncome {c |}{res}      6,399    30.60713    24.65554          5        170
{txt}{hline 13}{c +}{hline 57}
Nonmatched~e {c |}{res}      6,399    .4974215    .5000324          0          1
{txt}AskedForAd~e {c |}{res}      6,363    .2206506    .4147179          0          1
{txt}UsedPrepSe~e {c |}{res}      6,381    .3008933    .4586823          0          1
{txt}ReportedTa~d {c |}{res}      6,399    .1261135    .3320031          0          1
{txt}FiledJointly {c |}{res}      6,399     .265354     .441556          0          1
{txt}{hline 13}{c +}{hline 57}
ItemizedDe~s {c |}{res}      6,399    .2428504     .428839          0          1
{txt}
{com}. 
. 
. // TAX REPORTING MODELS (Table 7)
. 
. // define covariates
. global Invariant LiabilityServiceNot SocialInteractions RiskAverse EmployedFulltime Female Age CollegeDegree UT TotalIncome NonmatchedIncome AskedForAdvice UsedPrepService ReportedTaxesOwed FiledJointly ItemizedDeductions 
{txt}
{com}. global Model1 TaxWithheld LiabilityService Compliance Fairness EarnedIncome HighStandard Itemized AuditRate 
{txt}
{com}. global Model2 TaxUnderwithheld TaxOverwithheld LiabilityService Compliance Fairness EarnedIncome HighStandard Itemized AuditRate 
{txt}
{com}. global Model3 TaxUnderwithheld TaxOverwithheld 1.LiabilityService 1.LiabilityService#(1.Underwithheld) Compliance c.Compliance#1.Underwithheld Fairness c.Fairness#(1.Underwithheld) 1.LiabilityService#1.SocialInteractions EarnedIncome HighStandard Itemized AuditRate 
{txt}
{com}. 
. 
. // Model 1: basic treatment effects model
. reghdfe TaxReported $Model1, absorb(SubjectID Round) cluster(SubjectID)
{res}{txt}({browse "http://scorreia.com/research/hdfe.pdf":MWFE estimator} converged in 4 iterations)
{res}
{txt}HDFE Linear regression{col 51}Number of obs{col 67}= {res}     6,022
{txt}Absorbing 2 HDFE groups{col 51}F({res}   8{txt},{res}    358{txt}){col 67}= {res}    289.37
{txt}Statistics robust to heteroskedasticity{col 51}Prob > F{col 67}= {res}    0.0000
{txt}{col 51}R-squared{col 67}= {res}    0.7150
{txt}{col 51}Adj R-squared{col 67}= {res}    0.6956
{txt}{col 51}Within R-sq.{col 67}= {res}    0.5006
{txt}{col 1}Number of clusters ({res}SubjectID{txt}) {col 30}= {res}       359{txt}{col 51}Root MSE{col 67}= {res}  169.1301

{txt}{ralign 82:(Std. Err. adjusted for {res:359} clusters in SubjectID)}
{hline 17}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 18}{c |}{col 30}    Robust
{col 1}     TaxReported{col 18}{c |}      Coef.{col 30}   Std. Err.{col 42}      t{col 50}   P>|t|{col 58}     [95% Con{col 71}f. Interval]
{hline 17}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 5}TaxWithheld {c |}{col 18}{res}{space 2} .1794168{col 30}{space 2} .0182148{col 41}{space 1}    9.85{col 50}{space 3}0.000{col 58}{space 4} .1435953{col 71}{space 3} .2152384
{txt}LiabilityService {c |}{col 18}{res}{space 2} 100.9996{col 30}{space 2} 19.34707{col 41}{space 1}    5.22{col 50}{space 3}0.000{col 58}{space 4} 62.95139{col 71}{space 3} 139.0478
{txt}{space 6}Compliance {c |}{col 18}{res}{space 2} .0957269{col 30}{space 2} .0207722{col 41}{space 1}    4.61{col 50}{space 3}0.000{col 58}{space 4}  .054876{col 71}{space 3} .1365778
{txt}{space 8}Fairness {c |}{col 18}{res}{space 2} .1400075{col 30}{space 2} .0512814{col 41}{space 1}    2.73{col 50}{space 3}0.007{col 58}{space 4} .0391569{col 71}{space 3}  .240858
{txt}{space 4}EarnedIncome {c |}{col 18}{res}{space 2} .2887004{col 30}{space 2} .0139861{col 41}{space 1}   20.64{col 50}{space 3}0.000{col 58}{space 4} .2611951{col 71}{space 3} .3162056
{txt}{space 4}HighStandard {c |}{col 18}{res}{space 2}-18.72637{col 30}{space 2} 4.817698{col 41}{space 1}   -3.89{col 50}{space 3}0.000{col 58}{space 4}-28.20092{col 71}{space 3}-9.251827
{txt}{space 8}Itemized {c |}{col 18}{res}{space 2}-.1005267{col 30}{space 2} .0165736{col 41}{space 1}   -6.07{col 50}{space 3}0.000{col 58}{space 4}-.1331205{col 71}{space 3}-.0679328
{txt}{space 7}AuditRate {c |}{col 18}{res}{space 2} 210.6762{col 30}{space 2} 24.82334{col 41}{space 1}    8.49{col 50}{space 3}0.000{col 58}{space 4} 161.8583{col 71}{space 3}  259.494
{txt}{space 11}_cons {c |}{col 18}{res}{space 2}-219.4084{col 30}{space 2} 26.34176{col 41}{space 1}   -8.33{col 50}{space 3}0.000{col 58}{space 4}-271.2124{col 71}{space 3}-167.6043
{txt}{hline 17}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}
{txt}Absorbed degrees of freedom:
{res}{col 1}{text}{hline 13}{c TT}{hline 12}{hline 12}{hline 14}{hline 1}{c TRC}
{col 1}{text} Absorbed FE{col 14}{c |} Categories{col 27} - Redundant{col 39}  = Num. Coefs{col 54}{c |}
{res}{col 1}{text}{hline 13}{c +}{hline 12}{hline 12}{hline 14}{hline 1}{c RT}
{col 1}{text}   SubjectID{col 14}{c |}{space 1}      359{col 27}{space 1}      359{col 39}{result}{space 1}        0{col 53}{text}*{col 54}{c |}
{res}{col 1}{text}       Round{col 14}{c |}{space 1}       17{col 27}{space 1}        0{col 39}{result}{space 1}       17{col 53}{text} {col 54}{c |}
{res}{col 1}{text}{hline 13}{c BT}{hline 12}{hline 12}{hline 14}{hline 1}{c BRC}
* = FE nested within cluster; treated as redundant for DoF computation
{res}{txt}
{com}. // second stage regression using estimated subject fixed effects
. quietly {c -(}
{txt}
{com}. regress FE $Invariant  if Round==1, robust

{txt}Linear regression                               Number of obs     = {res}       357
                                                {txt}F(15, 341)        =  {res}     7.18
                                                {txt}Prob > F          = {res}    0.0000
                                                {txt}R-squared         = {res}    0.2662
                                                {txt}Root MSE          =    {res} 156.94

{txt}{hline 20}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 21}{c |}{col 33}    Robust
{col 1}                 FE{col 21}{c |}      Coef.{col 33}   Std. Err.{col 45}      t{col 53}   P>|t|{col 61}     [95% Con{col 74}f. Interval]
{hline 20}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
LiabilityServiceNot {c |}{col 21}{res}{space 2} 10.31717{col 33}{space 2} 19.05401{col 44}{space 1}    0.54{col 53}{space 3}0.589{col 61}{space 4}-27.16102{col 74}{space 3} 47.79536
{txt}{space 1}SocialInteractions {c |}{col 21}{res}{space 2}-125.4854{col 33}{space 2} 18.36199{col 44}{space 1}   -6.83{col 53}{space 3}0.000{col 61}{space 4}-161.6025{col 74}{space 3}-89.36842
{txt}{space 9}RiskAverse {c |}{col 21}{res}{space 2} 34.66531{col 33}{space 2} 16.28619{col 44}{space 1}    2.13{col 53}{space 3}0.034{col 61}{space 4}  2.63127{col 74}{space 3} 66.69936
{txt}{space 3}EmployedFulltime {c |}{col 21}{res}{space 2}-19.06825{col 33}{space 2} 22.64367{col 44}{space 1}   -0.84{col 53}{space 3}0.400{col 61}{space 4}-63.60711{col 74}{space 3} 25.47061
{txt}{space 13}Female {c |}{col 21}{res}{space 2} 41.79899{col 33}{space 2} 17.55071{col 44}{space 1}    2.38{col 53}{space 3}0.018{col 61}{space 4}  7.27771{col 74}{space 3} 76.32027
{txt}{space 16}Age {c |}{col 21}{res}{space 2} 3.038487{col 33}{space 2} .9768671{col 44}{space 1}    3.11{col 53}{space 3}0.002{col 61}{space 4} 1.117043{col 74}{space 3} 4.959931
{txt}{space 6}CollegeDegree {c |}{col 21}{res}{space 2}-7.077976{col 33}{space 2} 21.26863{col 44}{space 1}   -0.33{col 53}{space 3}0.739{col 61}{space 4}-48.91221{col 74}{space 3} 34.75626
{txt}{space 17}UT {c |}{col 21}{res}{space 2}-63.26649{col 33}{space 2} 18.95074{col 44}{space 1}   -3.34{col 53}{space 3}0.001{col 61}{space 4}-100.5415{col 74}{space 3}-25.99143
{txt}{space 8}TotalIncome {c |}{col 21}{res}{space 2} .1801458{col 33}{space 2} .5358775{col 44}{space 1}    0.34{col 53}{space 3}0.737{col 61}{space 4}-.8738959{col 74}{space 3} 1.234187
{txt}{space 3}NonmatchedIncome {c |}{col 21}{res}{space 2}-46.00319{col 33}{space 2} 18.38663{col 44}{space 1}   -2.50{col 53}{space 3}0.013{col 61}{space 4}-82.16868{col 74}{space 3} -9.83769
{txt}{space 5}AskedForAdvice {c |}{col 21}{res}{space 2} 44.27075{col 33}{space 2}  21.7212{col 44}{space 1}    2.04{col 53}{space 3}0.042{col 61}{space 4} 1.546343{col 74}{space 3} 86.99516
{txt}{space 4}UsedPrepService {c |}{col 21}{res}{space 2} 31.99301{col 33}{space 2} 18.18841{col 44}{space 1}    1.76{col 53}{space 3}0.079{col 61}{space 4}-3.782588{col 74}{space 3} 67.76861
{txt}{space 2}ReportedTaxesOwed {c |}{col 21}{res}{space 2}-37.85339{col 33}{space 2} 21.81274{col 44}{space 1}   -1.74{col 53}{space 3}0.084{col 61}{space 4}-80.75786{col 74}{space 3} 5.051069
{txt}{space 7}FiledJointly {c |}{col 21}{res}{space 2} 39.62976{col 33}{space 2} 22.73857{col 44}{space 1}    1.74{col 53}{space 3}0.082{col 61}{space 4}-5.095768{col 74}{space 3} 84.35528
{txt}{space 1}ItemizedDeductions {c |}{col 21}{res}{space 2}-51.20673{col 33}{space 2} 22.00411{col 44}{space 1}   -2.33{col 53}{space 3}0.021{col 61}{space 4}-94.48759{col 74}{space 3}-7.925857
{txt}{space 14}_cons {c |}{col 21}{res}{space 2}-175.7545{col 33}{space 2} 38.26123{col 44}{space 1}   -4.59{col 53}{space 3}0.000{col 61}{space 4}-251.0122{col 74}{space 3}-100.4967
{txt}{hline 20}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. drop FE
{txt}
{com}. 
. 
. // Model 2: allow for under/over WH effects
. reghdfe TaxReported $Model2, absorb(SubjectID Round) cluster(SubjectID)
{res}{txt}({browse "http://scorreia.com/research/hdfe.pdf":MWFE estimator} converged in 4 iterations)
{res}
{txt}HDFE Linear regression{col 51}Number of obs{col 67}= {res}     6,022
{txt}Absorbing 2 HDFE groups{col 51}F({res}   9{txt},{res}    358{txt}){col 67}= {res}    263.13
{txt}Statistics robust to heteroskedasticity{col 51}Prob > F{col 67}= {res}    0.0000
{txt}{col 51}R-squared{col 67}= {res}    0.7195
{txt}{col 51}Adj R-squared{col 67}= {res}    0.7004
{txt}{col 51}Within R-sq.{col 67}= {res}    0.5085
{txt}{col 1}Number of clusters ({res}SubjectID{txt}) {col 30}= {res}       359{txt}{col 51}Root MSE{col 67}= {res}  167.8005

{txt}{ralign 82:(Std. Err. adjusted for {res:359} clusters in SubjectID)}
{hline 17}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 18}{c |}{col 30}    Robust
{col 1}     TaxReported{col 18}{c |}      Coef.{col 30}   Std. Err.{col 42}      t{col 50}   P>|t|{col 58}     [95% Con{col 71}f. Interval]
{hline 17}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
TaxUnderwithheld {c |}{col 18}{res}{space 2}-.3677845{col 30}{space 2} .0402949{col 41}{space 1}   -9.13{col 50}{space 3}0.000{col 58}{space 4} -.447029{col 71}{space 3}  -.28854
{txt}{space 1}TaxOverwithheld {c |}{col 18}{res}{space 2} .0587589{col 30}{space 2} .0216374{col 41}{space 1}    2.72{col 50}{space 3}0.007{col 58}{space 4} .0162065{col 71}{space 3} .1013114
{txt}LiabilityService {c |}{col 18}{res}{space 2} 98.40493{col 30}{space 2} 18.74594{col 41}{space 1}    5.25{col 50}{space 3}0.000{col 58}{space 4} 61.53892{col 71}{space 3} 135.2709
{txt}{space 6}Compliance {c |}{col 18}{res}{space 2}  .095331{col 30}{space 2} .0206796{col 41}{space 1}    4.61{col 50}{space 3}0.000{col 58}{space 4} .0546624{col 71}{space 3} .1359997
{txt}{space 8}Fairness {c |}{col 18}{res}{space 2} .1405862{col 30}{space 2} .0499661{col 41}{space 1}    2.81{col 50}{space 3}0.005{col 58}{space 4} .0423222{col 71}{space 3} .2388503
{txt}{space 4}EarnedIncome {c |}{col 18}{res}{space 2} .3808431{col 30}{space 2} .0122897{col 41}{space 1}   30.99{col 50}{space 3}0.000{col 58}{space 4} .3566741{col 71}{space 3} .4050122
{txt}{space 4}HighStandard {c |}{col 18}{res}{space 2} -29.1649{col 30}{space 2} 5.021964{col 41}{space 1}   -5.81{col 50}{space 3}0.000{col 58}{space 4}-39.04116{col 71}{space 3}-19.28864
{txt}{space 8}Itemized {c |}{col 18}{res}{space 2}-.1414783{col 30}{space 2} .0172889{col 41}{space 1}   -8.18{col 50}{space 3}0.000{col 58}{space 4}-.1754788{col 71}{space 3}-.1074778
{txt}{space 7}AuditRate {c |}{col 18}{res}{space 2} 197.4436{col 30}{space 2} 23.82204{col 41}{space 1}    8.29{col 50}{space 3}0.000{col 58}{space 4} 150.5949{col 71}{space 3} 244.2923
{txt}{space 11}_cons {c |}{col 18}{res}{space 2}-193.9704{col 30}{space 2} 26.82288{col 41}{space 1}   -7.23{col 50}{space 3}0.000{col 58}{space 4}-246.7206{col 71}{space 3}-141.2202
{txt}{hline 17}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}
{txt}Absorbed degrees of freedom:
{res}{col 1}{text}{hline 13}{c TT}{hline 12}{hline 12}{hline 14}{hline 1}{c TRC}
{col 1}{text} Absorbed FE{col 14}{c |} Categories{col 27} - Redundant{col 39}  = Num. Coefs{col 54}{c |}
{res}{col 1}{text}{hline 13}{c +}{hline 12}{hline 12}{hline 14}{hline 1}{c RT}
{col 1}{text}   SubjectID{col 14}{c |}{space 1}      359{col 27}{space 1}      359{col 39}{result}{space 1}        0{col 53}{text}*{col 54}{c |}
{res}{col 1}{text}       Round{col 14}{c |}{space 1}       17{col 27}{space 1}        0{col 39}{result}{space 1}       17{col 53}{text} {col 54}{c |}
{res}{col 1}{text}{hline 13}{c BT}{hline 12}{hline 12}{hline 14}{hline 1}{c BRC}
* = FE nested within cluster; treated as redundant for DoF computation
{res}{txt}
{com}. // second stage regression using estimated subject fixed effects
. quietly {c -(}
{txt}
{com}. regress FE $Invariant  if Round==1, robust

{txt}Linear regression                               Number of obs     = {res}       357
                                                {txt}F(15, 341)        =  {res}     7.61
                                                {txt}Prob > F          = {res}    0.0000
                                                {txt}R-squared         = {res}    0.2802
                                                {txt}Root MSE          =    {res} 152.92

{txt}{hline 20}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 21}{c |}{col 33}    Robust
{col 1}                 FE{col 21}{c |}      Coef.{col 33}   Std. Err.{col 45}      t{col 53}   P>|t|{col 61}     [95% Con{col 74}f. Interval]
{hline 20}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
LiabilityServiceNot {c |}{col 21}{res}{space 2} 11.96966{col 33}{space 2} 18.66898{col 44}{space 1}    0.64{col 53}{space 3}0.522{col 61}{space 4} -24.7512{col 74}{space 3} 48.69052
{txt}{space 1}SocialInteractions {c |}{col 21}{res}{space 2}-127.2515{col 33}{space 2} 18.05928{col 44}{space 1}   -7.05{col 53}{space 3}0.000{col 61}{space 4}-162.7731{col 74}{space 3}-91.72985
{txt}{space 9}RiskAverse {c |}{col 21}{res}{space 2} 35.95847{col 33}{space 2} 15.89328{col 44}{space 1}    2.26{col 53}{space 3}0.024{col 61}{space 4}  4.69726{col 74}{space 3} 67.21967
{txt}{space 3}EmployedFulltime {c |}{col 21}{res}{space 2}-16.19208{col 33}{space 2} 22.09718{col 44}{space 1}   -0.73{col 53}{space 3}0.464{col 61}{space 4}-59.65602{col 74}{space 3} 27.27186
{txt}{space 13}Female {c |}{col 21}{res}{space 2}  42.8618{col 33}{space 2} 17.05928{col 44}{space 1}    2.51{col 53}{space 3}0.012{col 61}{space 4} 9.307135{col 74}{space 3} 76.41646
{txt}{space 16}Age {c |}{col 21}{res}{space 2} 3.132269{col 33}{space 2} .9590626{col 44}{space 1}    3.27{col 53}{space 3}0.001{col 61}{space 4} 1.245845{col 74}{space 3} 5.018692
{txt}{space 6}CollegeDegree {c |}{col 21}{res}{space 2}-7.338007{col 33}{space 2} 20.92889{col 44}{space 1}   -0.35{col 53}{space 3}0.726{col 61}{space 4}-48.50398{col 74}{space 3} 33.82796
{txt}{space 17}UT {c |}{col 21}{res}{space 2}-60.85578{col 33}{space 2} 18.36417{col 44}{space 1}   -3.31{col 53}{space 3}0.001{col 61}{space 4} -96.9771{col 74}{space 3}-24.73446
{txt}{space 8}TotalIncome {c |}{col 21}{res}{space 2} .0634895{col 33}{space 2} .5198963{col 44}{space 1}    0.12{col 53}{space 3}0.903{col 61}{space 4} -.959118{col 74}{space 3} 1.086097
{txt}{space 3}NonmatchedIncome {c |}{col 21}{res}{space 2}-46.50544{col 33}{space 2} 17.91731{col 44}{space 1}   -2.60{col 53}{space 3}0.010{col 61}{space 4}-81.74781{col 74}{space 3}-11.26308
{txt}{space 5}AskedForAdvice {c |}{col 21}{res}{space 2} 41.98493{col 33}{space 2} 21.34831{col 44}{space 1}    1.97{col 53}{space 3}0.050{col 61}{space 4} -.006027{col 74}{space 3} 83.97588
{txt}{space 4}UsedPrepService {c |}{col 21}{res}{space 2} 32.66665{col 33}{space 2}  17.6657{col 44}{space 1}    1.85{col 53}{space 3}0.065{col 61}{space 4}-2.080807{col 74}{space 3} 67.41412
{txt}{space 2}ReportedTaxesOwed {c |}{col 21}{res}{space 2}-41.04715{col 33}{space 2}   21.238{col 44}{space 1}   -1.93{col 53}{space 3}0.054{col 61}{space 4}-82.82114{col 74}{space 3} .7268342
{txt}{space 7}FiledJointly {c |}{col 21}{res}{space 2} 38.05618{col 33}{space 2} 22.21446{col 44}{space 1}    1.71{col 53}{space 3}0.088{col 61}{space 4}-5.638443{col 74}{space 3}  81.7508
{txt}{space 1}ItemizedDeductions {c |}{col 21}{res}{space 2}-53.29235{col 33}{space 2} 21.33422{col 44}{space 1}   -2.50{col 53}{space 3}0.013{col 61}{space 4}-95.25558{col 74}{space 3}-11.32911
{txt}{space 14}_cons {c |}{col 21}{res}{space 2} -212.611{col 33}{space 2} 36.91573{col 44}{space 1}   -5.76{col 53}{space 3}0.000{col 61}{space 4}-285.2222{col 74}{space 3}-139.9997
{txt}{hline 20}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. drop FE
{txt}
{com}. 
. 
. // Model 3: allow for under/over WH effects, info service interaction effects
. reghdfe TaxReported $Model3, absorb(SubjectID Round) cluster(SubjectID)
{res}{txt}({browse "http://scorreia.com/research/hdfe.pdf":MWFE estimator} converged in 4 iterations)
{res}
{txt}HDFE Linear regression{col 51}Number of obs{col 67}= {res}     6,022
{txt}Absorbing 2 HDFE groups{col 51}F({res}  13{txt},{res}    358{txt}){col 67}= {res}    196.92
{txt}Statistics robust to heteroskedasticity{col 51}Prob > F{col 67}= {res}    0.0000
{txt}{col 51}R-squared{col 67}= {res}    0.7221
{txt}{col 51}Adj R-squared{col 67}= {res}    0.7030
{txt}{col 51}Within R-sq.{col 67}= {res}    0.5131
{txt}{col 1}Number of clusters ({res}SubjectID{txt}) {col 30}= {res}       359{txt}{col 51}Root MSE{col 67}= {res}  167.0723

{txt}{ralign 101:(Std. Err. adjusted for {res:359} clusters in SubjectID)}
{hline 36}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 37}{c |}{col 49}    Robust
{col 1}                        TaxReported{col 37}{c |}      Coef.{col 49}   Std. Err.{col 61}      t{col 69}   P>|t|{col 77}     [95% Con{col 90}f. Interval]
{hline 36}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 19}TaxUnderwithheld {c |}{col 37}{res}{space 2}-.3781978{col 49}{space 2} .0450712{col 60}{space 1}   -8.39{col 69}{space 3}0.000{col 77}{space 4}-.4668355{col 90}{space 3}-.2895602
{txt}{space 20}TaxOverwithheld {c |}{col 37}{res}{space 2} .0694728{col 49}{space 2} .0221497{col 60}{space 1}    3.14{col 69}{space 3}0.002{col 77}{space 4} .0259129{col 90}{space 3} .1130327
{txt}{space 17}1.LiabilityService {c |}{col 37}{res}{space 2} 140.8163{col 49}{space 2} 38.42566{col 60}{space 1}    3.66{col 69}{space 3}0.000{col 77}{space 4} 65.24797{col 90}{space 3} 216.3847
{txt}{space 35} {c |}
{space 5}LiabilityService#Underwithheld {c |}
{space 31}1 1  {c |}{col 37}{res}{space 2} 68.42134{col 49}{space 2} 22.05127{col 60}{space 1}    3.10{col 69}{space 3}0.002{col 77}{space 4} 25.05503{col 90}{space 3} 111.7877
{txt}{space 35} {c |}
{space 25}Compliance {c |}{col 37}{res}{space 2} .1001883{col 49}{space 2} .0222409{col 60}{space 1}    4.50{col 69}{space 3}0.000{col 77}{space 4} .0564491{col 90}{space 3} .1439274
{txt}{space 35} {c |}
{space 9}Underwithheld#c.Compliance {c |}
{space 33}1  {c |}{col 37}{res}{space 2}-.0176032{col 49}{space 2} .0308228{col 60}{space 1}   -0.57{col 69}{space 3}0.568{col 77}{space 4}-.0782197{col 90}{space 3} .0430133
{txt}{space 35} {c |}
{space 27}Fairness {c |}{col 37}{res}{space 2} .1415439{col 49}{space 2} .0512402{col 60}{space 1}    2.76{col 69}{space 3}0.006{col 77}{space 4} .0407743{col 90}{space 3} .2423135
{txt}{space 35} {c |}
{space 11}Underwithheld#c.Fairness {c |}
{space 33}1  {c |}{col 37}{res}{space 2} .0063785{col 49}{space 2} .0364917{col 60}{space 1}    0.17{col 69}{space 3}0.861{col 77}{space 4}-.0653865{col 90}{space 3} .0781435
{txt}{space 35} {c |}
LiabilityService#SocialInteractions {c |}
{space 31}1 1  {c |}{col 37}{res}{space 2}-103.6328{col 49}{space 2} 41.51539{col 60}{space 1}   -2.50{col 69}{space 3}0.013{col 77}{space 4}-185.2775{col 90}{space 3}-21.98812
{txt}{space 35} {c |}
{space 23}EarnedIncome {c |}{col 37}{res}{space 2} .3786378{col 49}{space 2} .0122072{col 60}{space 1}   31.02{col 69}{space 3}0.000{col 77}{space 4} .3546311{col 90}{space 3} .4026446
{txt}{space 23}HighStandard {c |}{col 37}{res}{space 2}-29.48628{col 49}{space 2} 4.994441{col 60}{space 1}   -5.90{col 69}{space 3}0.000{col 77}{space 4}-39.30841{col 90}{space 3}-19.66415
{txt}{space 27}Itemized {c |}{col 37}{res}{space 2}-.1408709{col 49}{space 2} .0171129{col 60}{space 1}   -8.23{col 69}{space 3}0.000{col 77}{space 4}-.1745254{col 90}{space 3}-.1072164
{txt}{space 26}AuditRate {c |}{col 37}{res}{space 2} 196.0377{col 49}{space 2} 23.57277{col 60}{space 1}    8.32{col 69}{space 3}0.000{col 77}{space 4} 149.6792{col 90}{space 3} 242.3963
{txt}{space 30}_cons {c |}{col 37}{res}{space 2}-190.9316{col 49}{space 2} 26.24886{col 60}{space 1}   -7.27{col 69}{space 3}0.000{col 77}{space 4}-242.5529{col 90}{space 3}-139.3102
{txt}{hline 36}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}
{txt}Absorbed degrees of freedom:
{res}{col 1}{text}{hline 13}{c TT}{hline 12}{hline 12}{hline 14}{hline 1}{c TRC}
{col 1}{text} Absorbed FE{col 14}{c |} Categories{col 27} - Redundant{col 39}  = Num. Coefs{col 54}{c |}
{res}{col 1}{text}{hline 13}{c +}{hline 12}{hline 12}{hline 14}{hline 1}{c RT}
{col 1}{text}   SubjectID{col 14}{c |}{space 1}      359{col 27}{space 1}      359{col 39}{result}{space 1}        0{col 53}{text}*{col 54}{c |}
{res}{col 1}{text}       Round{col 14}{c |}{space 1}       17{col 27}{space 1}        0{col 39}{result}{space 1}       17{col 53}{text} {col 54}{c |}
{res}{col 1}{text}{hline 13}{c BT}{hline 12}{hline 12}{hline 14}{hline 1}{c BRC}
* = FE nested within cluster; treated as redundant for DoF computation
{res}{txt}
{com}. lincom 1.LiabilityService + 1.LiabilityService#1.SocialInteractions

{p 0 7}{space 1}{text:( 1)}{space 1} {res}1.LiabilityService + 1.LiabilityService#1.SocialInteractions = 0{p_end}

{txt}{hline 13}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 1} TaxReported{col 14}{c |}      Coef.{col 26}   Std. Err.{col 38}      t{col 46}   P>|t|{col 54}     [95% Con{col 67}f. Interval]
{hline 13}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 9}(1) {c |}{col 14}{res}{space 2} 37.18354{col 26}{space 2} 17.69404{col 37}{space 1}    2.10{col 46}{space 3}0.036{col 54}{space 4} 2.386226{col 67}{space 3} 71.98085
{txt}{hline 13}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}

{com}. 
. // second stage regression using estimated subject fixed effects
. quietly {c -(}
{txt}
{com}. regress FE $Invariant  if Round==1, robust

{txt}Linear regression                               Number of obs     = {res}       357
                                                {txt}F(15, 341)        =  {res}     6.29
                                                {txt}Prob > F          = {res}    0.0000
                                                {txt}R-squared         = {res}    0.2480
                                                {txt}Root MSE          =    {res} 154.44

{txt}{hline 20}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 21}{c |}{col 33}    Robust
{col 1}                 FE{col 21}{c |}      Coef.{col 33}   Std. Err.{col 45}      t{col 53}   P>|t|{col 61}     [95% Con{col 74}f. Interval]
{hline 20}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
LiabilityServiceNot {c |}{col 21}{res}{space 2} 8.863913{col 33}{space 2}  18.8555{col 44}{space 1}    0.47{col 53}{space 3}0.639{col 61}{space 4}-28.22383{col 74}{space 3} 45.95165
{txt}{space 1}SocialInteractions {c |}{col 21}{res}{space 2}-106.9253{col 33}{space 2} 18.51995{col 44}{space 1}   -5.77{col 53}{space 3}0.000{col 61}{space 4} -143.353{col 74}{space 3}-70.49753
{txt}{space 9}RiskAverse {c |}{col 21}{res}{space 2} 37.39527{col 33}{space 2} 16.00664{col 44}{space 1}    2.34{col 53}{space 3}0.020{col 61}{space 4} 5.911086{col 74}{space 3} 68.87945
{txt}{space 3}EmployedFulltime {c |}{col 21}{res}{space 2}-13.23358{col 33}{space 2} 22.22401{col 44}{space 1}   -0.60{col 53}{space 3}0.552{col 61}{space 4}-56.94699{col 74}{space 3} 30.47983
{txt}{space 13}Female {c |}{col 21}{res}{space 2} 47.67422{col 33}{space 2} 17.20946{col 44}{space 1}    2.77{col 53}{space 3}0.006{col 61}{space 4} 13.82417{col 74}{space 3} 81.52428
{txt}{space 16}Age {c |}{col 21}{res}{space 2} 2.903781{col 33}{space 2} .9725318{col 44}{space 1}    2.99{col 53}{space 3}0.003{col 61}{space 4} .9908644{col 74}{space 3} 4.816698
{txt}{space 6}CollegeDegree {c |}{col 21}{res}{space 2}-9.496782{col 33}{space 2} 21.13004{col 44}{space 1}   -0.45{col 53}{space 3}0.653{col 61}{space 4} -51.0584{col 74}{space 3} 32.06484
{txt}{space 17}UT {c |}{col 21}{res}{space 2}-57.65004{col 33}{space 2} 18.46721{col 44}{space 1}   -3.12{col 53}{space 3}0.002{col 61}{space 4}-93.97402{col 74}{space 3}-21.32606
{txt}{space 8}TotalIncome {c |}{col 21}{res}{space 2} .0751324{col 33}{space 2} .5147798{col 44}{space 1}    0.15{col 53}{space 3}0.884{col 61}{space 4}-.9374113{col 74}{space 3} 1.087676
{txt}{space 3}NonmatchedIncome {c |}{col 21}{res}{space 2}-44.81112{col 33}{space 2} 18.09759{col 44}{space 1}   -2.48{col 53}{space 3}0.014{col 61}{space 4}-80.40808{col 74}{space 3}-9.214158
{txt}{space 5}AskedForAdvice {c |}{col 21}{res}{space 2} 37.72359{col 33}{space 2} 21.45385{col 44}{space 1}    1.76{col 53}{space 3}0.080{col 61}{space 4}-4.474951{col 74}{space 3} 79.92213
{txt}{space 4}UsedPrepService {c |}{col 21}{res}{space 2}  30.3715{col 33}{space 2} 17.98001{col 44}{space 1}    1.69{col 53}{space 3}0.092{col 61}{space 4}-4.994193{col 74}{space 3} 65.73719
{txt}{space 2}ReportedTaxesOwed {c |}{col 21}{res}{space 2}-37.93302{col 33}{space 2} 21.01931{col 44}{space 1}   -1.80{col 53}{space 3}0.072{col 61}{space 4}-79.27686{col 74}{space 3} 3.410817
{txt}{space 7}FiledJointly {c |}{col 21}{res}{space 2} 41.83257{col 33}{space 2} 22.30743{col 44}{space 1}    1.88{col 53}{space 3}0.062{col 61}{space 4}-2.044926{col 74}{space 3} 85.71006
{txt}{space 1}ItemizedDeductions {c |}{col 21}{res}{space 2}-52.34002{col 33}{space 2} 21.63533{col 44}{space 1}   -2.42{col 53}{space 3}0.016{col 61}{space 4}-94.89554{col 74}{space 3}-9.784508
{txt}{space 14}_cons {c |}{col 21}{res}{space 2}-228.9713{col 33}{space 2} 37.39648{col 44}{space 1}   -6.12{col 53}{space 3}0.000{col 61}{space 4}-302.5281{col 74}{space 3}-155.4144
{txt}{hline 20}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. drop FE
{txt}
{com}. 
. 
. // LIABILITY SERVICE PURCHASE REGRESSIONS (Table 8)
. 
. // define covariates
. global InvariantLS SocialInteractions RiskAverse EmployedFulltime Female Age CollegeDegree UT TotalIncome NonmatchedIncome AskedForAdvice UsedPrepService ReportedTaxesOwed FiledJointly ItemizedDeductions 
{txt}
{com}. global Model4 TaxWithheld_s Compliance_s Fairness_s EarnedIncome_s HighStandard Itemized_s AuditRate 
{txt}
{com}. global Model5 TaxUnderwithheld_s TaxOverwithheld_s Compliance_s Fairness_s EarnedIncome_s HighStandard Itemized_s AuditRate 
{txt}
{com}. 
. 
. /* Model 4: T3&T4 sample; dv is information acquisition (yes/no) */
. reghdfe LiabilityService $Model4 if File==1, absorb(SubjectID Round) cluster(SubjectID)
{res}{txt}({browse "http://scorreia.com/research/hdfe.pdf":MWFE estimator} converged in 3 iterations)
{res}
{txt}HDFE Linear regression{col 51}Number of obs{col 67}= {res}     2,970
{txt}Absorbing 2 HDFE groups{col 51}F({res}   7{txt},{res}    174{txt}){col 67}= {res}      5.78
{txt}Statistics robust to heteroskedasticity{col 51}Prob > F{col 67}= {res}    0.0000
{txt}{col 51}R-squared{col 67}= {res}    0.6340
{txt}{col 51}Adj R-squared{col 67}= {res}    0.6078
{txt}{col 51}Within R-sq.{col 67}= {res}    0.0402
{txt}{col 1}Number of clusters ({res}SubjectID{txt}) {col 30}= {res}       175{txt}{col 51}Root MSE{col 67}= {res}    0.3092

{txt}{ralign 80:(Std. Err. adjusted for {res:175} clusters in SubjectID)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}LiabilitySe~ce{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 1}TaxWithheld_s {c |}{col 16}{res}{space 2} .0088245{col 28}{space 2} .0033538{col 39}{space 1}    2.63{col 48}{space 3}0.009{col 56}{space 4} .0022051{col 69}{space 3} .0154439
{txt}{space 2}Compliance_s {c |}{col 16}{res}{space 2} .0088903{col 28}{space 2} .0049332{col 39}{space 1}    1.80{col 48}{space 3}0.073{col 56}{space 4}-.0008462{col 69}{space 3} .0186269
{txt}{space 4}Fairness_s {c |}{col 16}{res}{space 2} .0093738{col 28}{space 2} .0086647{col 39}{space 1}    1.08{col 48}{space 3}0.281{col 56}{space 4}-.0077276{col 69}{space 3} .0264752
{txt}EarnedIncome_s {c |}{col 16}{res}{space 2} -.003102{col 28}{space 2} .0029767{col 39}{space 1}   -1.04{col 48}{space 3}0.299{col 56}{space 4} -.008977{col 69}{space 3} .0027731
{txt}{space 2}HighStandard {c |}{col 16}{res}{space 2}-.0177081{col 28}{space 2} .0121126{col 39}{space 1}   -1.46{col 48}{space 3}0.146{col 56}{space 4}-.0416147{col 69}{space 3} .0061985
{txt}{space 4}Itemized_s {c |}{col 16}{res}{space 2} .0037177{col 28}{space 2} .0046056{col 39}{space 1}    0.81{col 48}{space 3}0.421{col 56}{space 4}-.0053723{col 69}{space 3} .0128078
{txt}{space 5}AuditRate {c |}{col 16}{res}{space 2} .2987533{col 28}{space 2} .0570272{col 39}{space 1}    5.24{col 48}{space 3}0.000{col 56}{space 4} .1861993{col 69}{space 3} .4113073
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} .2403131{col 28}{space 2} .0593127{col 39}{space 1}    4.05{col 48}{space 3}0.000{col 56}{space 4} .1232481{col 69}{space 3}  .357378
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}
{txt}Absorbed degrees of freedom:
{res}{col 1}{text}{hline 13}{c TT}{hline 12}{hline 12}{hline 14}{hline 1}{c TRC}
{col 1}{text} Absorbed FE{col 14}{c |} Categories{col 27} - Redundant{col 39}  = Num. Coefs{col 54}{c |}
{res}{col 1}{text}{hline 13}{c +}{hline 12}{hline 12}{hline 14}{hline 1}{c RT}
{col 1}{text}   SubjectID{col 14}{c |}{space 1}      175{col 27}{space 1}      175{col 39}{result}{space 1}        0{col 53}{text}*{col 54}{c |}
{res}{col 1}{text}       Round{col 14}{c |}{space 1}       17{col 27}{space 1}        0{col 39}{result}{space 1}       17{col 53}{text} {col 54}{c |}
{res}{col 1}{text}{hline 13}{c BT}{hline 12}{hline 12}{hline 14}{hline 1}{c BRC}
* = FE nested within cluster; treated as redundant for DoF computation
{res}{txt}
{com}. // second stage regression using estimated subject fixed effects
. quietly {c -(}
{txt}
{com}. regress FE $InvariantLS if Round==1 & LiabilityServiceAvailable==1, robust

{txt}Linear regression                               Number of obs     = {res}       173
                                                {txt}F(14, 158)        =  {res}     3.27
                                                {txt}Prob > F          = {res}    0.0001
                                                {txt}R-squared         = {res}    0.1664
                                                {txt}Root MSE          =    {res}  .3757

{txt}{hline 19}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 20}{c |}{col 32}    Robust
{col 1}                FE{col 20}{c |}      Coef.{col 32}   Std. Err.{col 44}      t{col 52}   P>|t|{col 60}     [95% Con{col 73}f. Interval]
{hline 19}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
SocialInteractions {c |}{col 20}{res}{space 2}-.0823944{col 32}{space 2} .0595583{col 43}{space 1}   -1.38{col 52}{space 3}0.168{col 60}{space 4}-.2000275{col 73}{space 3} .0352386
{txt}{space 8}RiskAverse {c |}{col 20}{res}{space 2}-.0052842{col 32}{space 2} .0651482{col 43}{space 1}   -0.08{col 52}{space 3}0.935{col 60}{space 4} -.133958{col 73}{space 3} .1233895
{txt}{space 2}EmployedFulltime {c |}{col 20}{res}{space 2}-.0400246{col 32}{space 2} .0824419{col 43}{space 1}   -0.49{col 52}{space 3}0.628{col 60}{space 4} -.202855{col 73}{space 3} .1228057
{txt}{space 12}Female {c |}{col 20}{res}{space 2}-.2310109{col 32}{space 2} .0646422{col 43}{space 1}   -3.57{col 52}{space 3}0.000{col 60}{space 4}-.3586851{col 73}{space 3}-.1033367
{txt}{space 15}Age {c |}{col 20}{res}{space 2}-.0021831{col 32}{space 2} .0032747{col 43}{space 1}   -0.67{col 52}{space 3}0.506{col 60}{space 4}-.0086509{col 73}{space 3} .0042847
{txt}{space 5}CollegeDegree {c |}{col 20}{res}{space 2} .1388936{col 32}{space 2} .0712486{col 43}{space 1}    1.95{col 52}{space 3}0.053{col 60}{space 4}-.0018289{col 73}{space 3} .2796161
{txt}{space 16}UT {c |}{col 20}{res}{space 2}-.1245474{col 32}{space 2} .0695316{col 43}{space 1}   -1.79{col 52}{space 3}0.075{col 60}{space 4}-.2618788{col 73}{space 3} .0127839
{txt}{space 7}TotalIncome {c |}{col 20}{res}{space 2}-.0000789{col 32}{space 2} .0021015{col 43}{space 1}   -0.04{col 52}{space 3}0.970{col 60}{space 4}-.0042296{col 73}{space 3} .0040717
{txt}{space 2}NonmatchedIncome {c |}{col 20}{res}{space 2} .0626454{col 32}{space 2} .0630418{col 43}{space 1}    0.99{col 52}{space 3}0.322{col 60}{space 4}-.0618679{col 73}{space 3} .1871587
{txt}{space 4}AskedForAdvice {c |}{col 20}{res}{space 2}-.0104152{col 32}{space 2} .0774912{col 43}{space 1}   -0.13{col 52}{space 3}0.893{col 60}{space 4}-.1634676{col 73}{space 3} .1426371
{txt}{space 3}UsedPrepService {c |}{col 20}{res}{space 2} .0229321{col 32}{space 2}  .069607{col 43}{space 1}    0.33{col 52}{space 3}0.742{col 60}{space 4}-.1145482{col 73}{space 3} .1604124
{txt}{space 1}ReportedTaxesOwed {c |}{col 20}{res}{space 2}-.0382938{col 32}{space 2} .0896001{col 43}{space 1}   -0.43{col 52}{space 3}0.670{col 60}{space 4}-.2152623{col 73}{space 3} .1386747
{txt}{space 6}FiledJointly {c |}{col 20}{res}{space 2}-.0469668{col 32}{space 2} .0852806{col 43}{space 1}   -0.55{col 52}{space 3}0.583{col 60}{space 4}-.2154039{col 73}{space 3} .1214703
{txt}ItemizedDeductions {c |}{col 20}{res}{space 2}-.0078016{col 32}{space 2} .0685023{col 43}{space 1}   -0.11{col 52}{space 3}0.909{col 60}{space 4}   -.1431{col 73}{space 3} .1274968
{txt}{space 13}_cons {c |}{col 20}{res}{space 2} .0803648{col 32}{space 2} .1172467{col 43}{space 1}    0.69{col 52}{space 3}0.494{col 60}{space 4}-.1512082{col 73}{space 3} .3119378
{txt}{hline 19}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. drop FE  
{txt}
{com}. 
. 
. /* Model 5: T3&T4 sample; dv is information acquisition (yes/no) */
. reghdfe LiabilityService $Model5 if File==1, absorb(SubjectID) cluster(SubjectID)
{res}{txt}({browse "http://scorreia.com/research/hdfe.pdf":MWFE estimator} converged in 1 iterations)
{res}
{txt}HDFE Linear regression{col 51}Number of obs{col 67}= {res}     2,970
{txt}Absorbing 1 HDFE group{col 51}F({res}   8{txt},{res}    174{txt}){col 67}= {res}      5.04
{txt}Statistics robust to heteroskedasticity{col 51}Prob > F{col 67}= {res}    0.0000
{txt}{col 51}R-squared{col 67}= {res}    0.6326
{txt}{col 51}Adj R-squared{col 67}= {res}    0.6086
{txt}{col 51}Within R-sq.{col 67}= {res}    0.0435
{txt}{col 1}Number of clusters ({res}SubjectID{txt}) {col 30}= {res}       175{txt}{col 51}Root MSE{col 67}= {res}    0.3088

{txt}{ralign 84:(Std. Err. adjusted for {res:175} clusters in SubjectID)}
{hline 19}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 20}{c |}{col 32}    Robust
{col 1}  LiabilityService{col 20}{c |}      Coef.{col 32}   Std. Err.{col 44}      t{col 52}   P>|t|{col 60}     [95% Con{col 73}f. Interval]
{hline 19}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
TaxUnderwithheld_s {c |}{col 20}{res}{space 2}-.0262184{col 32}{space 2}  .009088{col 43}{space 1}   -2.88{col 52}{space 3}0.004{col 60}{space 4}-.0441554{col 73}{space 3}-.0082815
{txt}{space 1}TaxOverwithheld_s {c |}{col 20}{res}{space 2}  -.00235{col 32}{space 2} .0040297{col 43}{space 1}   -0.58{col 52}{space 3}0.561{col 60}{space 4}-.0103035{col 73}{space 3} .0056035
{txt}{space 6}Compliance_s {c |}{col 20}{res}{space 2} .0084904{col 32}{space 2} .0049158{col 43}{space 1}    1.73{col 52}{space 3}0.086{col 60}{space 4}-.0012119{col 73}{space 3} .0181926
{txt}{space 8}Fairness_s {c |}{col 20}{res}{space 2} .0001854{col 32}{space 2} .0086708{col 43}{space 1}    0.02{col 52}{space 3}0.983{col 60}{space 4}-.0169281{col 73}{space 3}  .017299
{txt}{space 4}EarnedIncome_s {c |}{col 20}{res}{space 2} .0017316{col 32}{space 2} .0025921{col 43}{space 1}    0.67{col 52}{space 3}0.505{col 60}{space 4}-.0033844{col 73}{space 3} .0068476
{txt}{space 6}HighStandard {c |}{col 20}{res}{space 2}-.0210661{col 32}{space 2} .0124574{col 43}{space 1}   -1.69{col 52}{space 3}0.093{col 60}{space 4}-.0456531{col 73}{space 3} .0035209
{txt}{space 8}Itemized_s {c |}{col 20}{res}{space 2} .0019708{col 32}{space 2} .0046209{col 43}{space 1}    0.43{col 52}{space 3}0.670{col 60}{space 4}-.0071496{col 73}{space 3} .0110911
{txt}{space 9}AuditRate {c |}{col 20}{res}{space 2}  .294975{col 32}{space 2} .0558028{col 43}{space 1}    5.29{col 52}{space 3}0.000{col 60}{space 4} .1848376{col 73}{space 3} .4051124
{txt}{space 13}_cons {c |}{col 20}{res}{space 2} .2997237{col 32}{space 2} .0600563{col 43}{space 1}    4.99{col 52}{space 3}0.000{col 60}{space 4}  .181191{col 73}{space 3} .4182563
{txt}{hline 19}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}
{txt}Absorbed degrees of freedom:
{res}{col 1}{text}{hline 13}{c TT}{hline 12}{hline 12}{hline 14}{hline 1}{c TRC}
{col 1}{text} Absorbed FE{col 14}{c |} Categories{col 27} - Redundant{col 39}  = Num. Coefs{col 54}{c |}
{res}{col 1}{text}{hline 13}{c +}{hline 12}{hline 12}{hline 14}{hline 1}{c RT}
{col 1}{text}   SubjectID{col 14}{c |}{space 1}      175{col 27}{space 1}      175{col 39}{result}{space 1}        0{col 53}{text}*{col 54}{c |}
{res}{col 1}{text}{hline 13}{c BT}{hline 12}{hline 12}{hline 14}{hline 1}{c BRC}
* = FE nested within cluster; treated as redundant for DoF computation
{res}{txt}
{com}. // second stage regression using estimated subject fixed effects
. quietly {c -(}
{txt}
{com}. regress FE $InvariantLS if Round==1 & LiabilityServiceAvailable==1, robust

{txt}Linear regression                               Number of obs     = {res}       173
                                                {txt}F(14, 158)        =  {res}     3.27
                                                {txt}Prob > F          = {res}    0.0001
                                                {txt}R-squared         = {res}    0.1671
                                                {txt}Root MSE          =    {res} .37395

{txt}{hline 19}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 20}{c |}{col 32}    Robust
{col 1}                FE{col 20}{c |}      Coef.{col 32}   Std. Err.{col 44}      t{col 52}   P>|t|{col 60}     [95% Con{col 73}f. Interval]
{hline 19}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
SocialInteractions {c |}{col 20}{res}{space 2}-.0908987{col 32}{space 2} .0594018{col 43}{space 1}   -1.53{col 52}{space 3}0.128{col 60}{space 4}-.2082228{col 73}{space 3} .0264253
{txt}{space 8}RiskAverse {c |}{col 20}{res}{space 2} -.003081{col 32}{space 2} .0649096{col 43}{space 1}   -0.05{col 52}{space 3}0.962{col 60}{space 4}-.1312834{col 73}{space 3} .1251214
{txt}{space 2}EmployedFulltime {c |}{col 20}{res}{space 2}-.0393824{col 32}{space 2} .0815095{col 43}{space 1}   -0.48{col 52}{space 3}0.630{col 60}{space 4}-.2003711{col 73}{space 3} .1216063
{txt}{space 12}Female {c |}{col 20}{res}{space 2}-.2308373{col 32}{space 2} .0643641{col 43}{space 1}   -3.59{col 52}{space 3}0.000{col 60}{space 4}-.3579624{col 73}{space 3}-.1037123
{txt}{space 15}Age {c |}{col 20}{res}{space 2}-.0021045{col 32}{space 2} .0032779{col 43}{space 1}   -0.64{col 52}{space 3}0.522{col 60}{space 4}-.0085787{col 73}{space 3} .0043696
{txt}{space 5}CollegeDegree {c |}{col 20}{res}{space 2} .1398821{col 32}{space 2} .0708336{col 43}{space 1}    1.97{col 52}{space 3}0.050{col 60}{space 4}-.0000209{col 73}{space 3} .2797851
{txt}{space 16}UT {c |}{col 20}{res}{space 2}-.1198156{col 32}{space 2} .0689493{col 43}{space 1}   -1.74{col 52}{space 3}0.084{col 60}{space 4}-.2559968{col 73}{space 3} .0163655
{txt}{space 7}TotalIncome {c |}{col 20}{res}{space 2}-.0001851{col 32}{space 2} .0021022{col 43}{space 1}   -0.09{col 52}{space 3}0.930{col 60}{space 4} -.004337{col 73}{space 3} .0039669
{txt}{space 2}NonmatchedIncome {c |}{col 20}{res}{space 2} .0606524{col 32}{space 2} .0629311{col 43}{space 1}    0.96{col 52}{space 3}0.337{col 60}{space 4}-.0636422{col 73}{space 3} .1849471
{txt}{space 4}AskedForAdvice {c |}{col 20}{res}{space 2}-.0139394{col 32}{space 2} .0764963{col 43}{space 1}   -0.18{col 52}{space 3}0.856{col 60}{space 4}-.1650265{col 73}{space 3} .1371478
{txt}{space 3}UsedPrepService {c |}{col 20}{res}{space 2}  .021607{col 32}{space 2}  .069507{col 43}{space 1}    0.31{col 52}{space 3}0.756{col 60}{space 4}-.1156758{col 73}{space 3} .1588897
{txt}{space 1}ReportedTaxesOwed {c |}{col 20}{res}{space 2}-.0442338{col 32}{space 2} .0891511{col 43}{space 1}   -0.50{col 52}{space 3}0.620{col 60}{space 4}-.2203155{col 73}{space 3} .1318479
{txt}{space 6}FiledJointly {c |}{col 20}{res}{space 2}-.0495275{col 32}{space 2} .0854862{col 43}{space 1}   -0.58{col 52}{space 3}0.563{col 60}{space 4}-.2183706{col 73}{space 3} .1193156
{txt}ItemizedDeductions {c |}{col 20}{res}{space 2}-.0122686{col 32}{space 2}  .068135{col 43}{space 1}   -0.18{col 52}{space 3}0.857{col 60}{space 4}-.1468415{col 73}{space 3} .1223044
{txt}{space 13}_cons {c |}{col 20}{res}{space 2} .0712615{col 32}{space 2} .1180653{col 43}{space 1}    0.60{col 52}{space 3}0.547{col 60}{space 4}-.1619283{col 73}{space 3} .3044513
{txt}{hline 19}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. drop FE  
{txt}
{com}. 
. 
. 
. // TAX WITHHOLDING MODELS (Table 9)
. 
. global Xwithhold ComplianceWH Fairness EarnedIncomeWH HighItemized AuditRate Audited
{txt}
{com}. global InvariantWH LiabilityServiceAvailable SocialInteractions RiskAverse EmployedFulltime Female Age CollegeDegree UT TotalIncome NonmatchedIncome AskedForAdvice UsedPrepService ReportedTaxesOwed FiledJointly ItemizedDeductions  
{txt}
{com}. 
. // Model 6: withholding choice
. reghdfe TaxWithheld $Xwithhold, absorb(SubjectID Round) cluster(SubjectID)
{res}{txt}({browse "http://scorreia.com/research/hdfe.pdf":MWFE estimator} converged in 3 iterations)
{res}
{txt}HDFE Linear regression{col 51}Number of obs{col 67}= {res}     6,040
{txt}Absorbing 2 HDFE groups{col 51}F({res}   6{txt},{res}    358{txt}){col 67}= {res}    278.77
{txt}Statistics robust to heteroskedasticity{col 51}Prob > F{col 67}= {res}    0.0000
{txt}{col 51}R-squared{col 67}= {res}    0.6482
{txt}{col 51}Adj R-squared{col 67}= {res}    0.6246
{txt}{col 51}Within R-sq.{col 67}= {res}    0.3477
{txt}{col 1}Number of clusters ({res}SubjectID{txt}) {col 30}= {res}       359{txt}{col 51}Root MSE{col 67}= {res}  244.6776

{txt}{ralign 80:(Std. Err. adjusted for {res:359} clusters in SubjectID)}
{hline 15}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 16}{c |}{col 28}    Robust
{col 1}   TaxWithheld{col 16}{c |}      Coef.{col 28}   Std. Err.{col 40}      t{col 48}   P>|t|{col 56}     [95% Con{col 69}f. Interval]
{hline 15}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{space 2}ComplianceWH {c |}{col 16}{res}{space 2} .0244862{col 28}{space 2} .0243988{col 39}{space 1}    1.00{col 48}{space 3}0.316{col 56}{space 4}-.0234967{col 69}{space 3} .0724692
{txt}{space 6}Fairness {c |}{col 16}{res}{space 2} .1351562{col 28}{space 2}  .059859{col 39}{space 1}    2.26{col 48}{space 3}0.025{col 56}{space 4} .0174367{col 69}{space 3} .2528756
{txt}EarnedIncomeWH {c |}{col 16}{res}{space 2}  .481698{col 28}{space 2}  .013822{col 39}{space 1}   34.85{col 48}{space 3}0.000{col 56}{space 4} .4545155{col 69}{space 3} .5088805
{txt}{space 2}HighItemized {c |}{col 16}{res}{space 2} 8.332132{col 28}{space 2} 6.521376{col 39}{space 1}    1.28{col 48}{space 3}0.202{col 56}{space 4}-4.492888{col 69}{space 3} 21.15715
{txt}{space 5}AuditRate {c |}{col 16}{res}{space 2} 161.3873{col 28}{space 2} 29.76536{col 39}{space 1}    5.42{col 48}{space 3}0.000{col 56}{space 4} 102.8504{col 69}{space 3} 219.9242
{txt}{space 7}Audited {c |}{col 16}{res}{space 2}  15.0119{col 28}{space 2} 8.323634{col 39}{space 1}    1.80{col 48}{space 3}0.072{col 56}{space 4}-1.357459{col 69}{space 3} 31.38127
{txt}{space 9}_cons {c |}{col 16}{res}{space 2} -171.033{col 28}{space 2} 31.68416{col 39}{space 1}   -5.40{col 48}{space 3}0.000{col 56}{space 4}-233.3435{col 69}{space 3}-108.7226
{txt}{hline 15}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}
{txt}Absorbed degrees of freedom:
{res}{col 1}{text}{hline 13}{c TT}{hline 12}{hline 12}{hline 14}{hline 1}{c TRC}
{col 1}{text} Absorbed FE{col 14}{c |} Categories{col 27} - Redundant{col 39}  = Num. Coefs{col 54}{c |}
{res}{col 1}{text}{hline 13}{c +}{hline 12}{hline 12}{hline 14}{hline 1}{c RT}
{col 1}{text}   SubjectID{col 14}{c |}{space 1}      359{col 27}{space 1}      359{col 39}{result}{space 1}        0{col 53}{text}*{col 54}{c |}
{res}{col 1}{text}       Round{col 14}{c |}{space 1}       17{col 27}{space 1}        0{col 39}{result}{space 1}       17{col 53}{text} {col 54}{c |}
{res}{col 1}{text}{hline 13}{c BT}{hline 12}{hline 12}{hline 14}{hline 1}{c BRC}
* = FE nested within cluster; treated as redundant for DoF computation
{res}{txt}
{com}. // second stage regression using estimated subject fixed effects
. quietly {c -(}
{txt}
{com}. regress FE $InvariantWH if Round==1, robust

{txt}Linear regression                               Number of obs     = {res}       357
                                                {txt}F(15, 341)        =  {res}     5.06
                                                {txt}Prob > F          = {res}    0.0000
                                                {txt}R-squared         = {res}    0.1694
                                                {txt}Root MSE          =    {res} 227.22

{txt}{hline 26}{c TT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{col 27}{c |}{col 39}    Robust
{col 1}                       FE{col 27}{c |}      Coef.{col 39}   Std. Err.{col 51}      t{col 59}   P>|t|{col 67}     [95% Con{col 80}f. Interval]
{hline 26}{c +}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
LiabilityServiceAvailable {c |}{col 27}{res}{space 2}-8.945409{col 39}{space 2} 24.90719{col 50}{space 1}   -0.36{col 59}{space 3}0.720{col 67}{space 4}-57.93649{col 80}{space 3} 40.04567
{txt}{space 7}SocialInteractions {c |}{col 27}{res}{space 2}-25.28446{col 39}{space 2} 26.35068{col 50}{space 1}   -0.96{col 59}{space 3}0.338{col 67}{space 4}-77.11479{col 80}{space 3} 26.54588
{txt}{space 15}RiskAverse {c |}{col 27}{res}{space 2} 68.12433{col 39}{space 2} 25.15384{col 50}{space 1}    2.71{col 59}{space 3}0.007{col 67}{space 4}  18.6481{col 80}{space 3} 117.6006
{txt}{space 9}EmployedFulltime {c |}{col 27}{res}{space 2} 4.994293{col 39}{space 2} 31.56514{col 50}{space 1}    0.16{col 59}{space 3}0.874{col 67}{space 4} -57.0926{col 80}{space 3} 67.08118
{txt}{space 19}Female {c |}{col 27}{res}{space 2} 98.89264{col 39}{space 2} 26.21045{col 50}{space 1}    3.77{col 59}{space 3}0.000{col 67}{space 4} 47.33812{col 80}{space 3} 150.4472
{txt}{space 22}Age {c |}{col 27}{res}{space 2} 5.172975{col 39}{space 2} 1.429888{col 50}{space 1}    3.62{col 59}{space 3}0.000{col 67}{space 4} 2.360465{col 80}{space 3} 7.985486
{txt}{space 12}CollegeDegree {c |}{col 27}{res}{space 2}-26.96692{col 39}{space 2} 29.26136{col 50}{space 1}   -0.92{col 59}{space 3}0.357{col 67}{space 4}-84.52241{col 80}{space 3} 30.58856
{txt}{space 23}UT {c |}{col 27}{res}{space 2}-19.40944{col 39}{space 2} 26.84722{col 50}{space 1}   -0.72{col 59}{space 3}0.470{col 67}{space 4}-72.21645{col 80}{space 3} 33.39757
{txt}{space 14}TotalIncome {c |}{col 27}{res}{space 2}-.8939614{col 39}{space 2} .6344152{col 50}{space 1}   -1.41{col 59}{space 3}0.160{col 67}{space 4}-2.141821{col 80}{space 3} .3538985
{txt}{space 9}NonmatchedIncome {c |}{col 27}{res}{space 2}-60.34679{col 39}{space 2} 25.87427{col 50}{space 1}   -2.33{col 59}{space 3}0.020{col 67}{space 4}-111.2401{col 80}{space 3}-9.453513
{txt}{space 11}AskedForAdvice {c |}{col 27}{res}{space 2} .0648936{col 39}{space 2} 32.54819{col 50}{space 1}    0.00{col 59}{space 3}0.998{col 67}{space 4}-63.95562{col 80}{space 3}  64.0854
{txt}{space 10}UsedPrepService {c |}{col 27}{res}{space 2} .7600485{col 39}{space 2} 28.62914{col 50}{space 1}    0.03{col 59}{space 3}0.979{col 67}{space 4} -55.5519{col 80}{space 3}   57.072
{txt}{space 8}ReportedTaxesOwed {c |}{col 27}{res}{space 2} 2.748192{col 39}{space 2} 32.17629{col 50}{space 1}    0.09{col 59}{space 3}0.932{col 67}{space 4} -60.5408{col 80}{space 3} 66.03719
{txt}{space 13}FiledJointly {c |}{col 27}{res}{space 2}-42.95686{col 39}{space 2} 32.39591{col 50}{space 1}   -1.33{col 59}{space 3}0.186{col 67}{space 4}-106.6778{col 80}{space 3} 20.76412
{txt}{space 7}ItemizedDeductions {c |}{col 27}{res}{space 2} 3.612379{col 39}{space 2}  29.3411{col 50}{space 1}    0.12{col 59}{space 3}0.902{col 67}{space 4}-54.09995{col 80}{space 3}  61.3247
{txt}{space 20}_cons {c |}{col 27}{res}{space 2} 309.5154{col 39}{space 2} 55.15765{col 50}{space 1}    5.61{col 59}{space 3}0.000{col 67}{space 4} 201.0234{col 80}{space 3} 418.0075
{txt}{hline 26}{c BT}{hline 11}{hline 11}{hline 9}{hline 8}{hline 13}{hline 12}
{res}{txt}
{com}. drop FE
{txt}
{com}. 
. 
. // Figure 1. scatter plot, individual-level data, underreporting relative to tax withholding
. twoway (scatter m_TaxReported m_TaxUnderwithheld) (lfit m_TaxReported m_TaxUnderwithheld) if Round==1, ytitle("Tax Reported") xtitle("Tax Under-withheld") leg(off)
{res}{txt}
{com}. twoway (scatter m_TaxReported m_TaxOverwithheld) (lfit m_TaxReported m_TaxOverwithheld) if Round==1,  ytitle("Tax Reported") xtitle("Tax Over-withheld") leg(off)
{res}{txt}
{com}. 
. 
. // Some additional stats reported in paper
. 
. sum ActualLiability TaxReported

{txt}    Variable {c |}        Obs        Mean    Std. Dev.       Min        Max
{hline 13}{c +}{hline 57}
ActualLiab~y {c |}{res}      6,378    688.6187    246.2911   75.29869   1315.956
{txt}{space 1}TaxReported {c |}{res}      6,378    566.2423     305.832       -250       1500
{txt}
{com}. sum TaxOverwithheld TaxReported ActualLiability if TaxOverwithheld>0

{txt}    Variable {c |}        Obs        Mean    Std. Dev.       Min        Max
{hline 13}{c +}{hline 57}
TaxOverwit~d {c |}{res}      4,183     354.531    209.0444   1.096558   924.7013
{txt}{space 1}TaxReported {c |}{res}      4,171    616.7664    274.9682       -250       1375
{txt}ActualLiab~y {c |}{res}      4,171    675.6934    246.4759   75.29869   1315.956
{txt}
{com}. sum TaxUnderwithheld TaxReported ActualLiability if TaxUnderwithheld>0

{txt}    Variable {c |}        Obs        Mean    Std. Dev.       Min        Max
{hline 13}{c +}{hline 57}
TaxUnderwi~d {c |}{res}      2,148    270.5762    153.1176   .2359985   683.5358
{txt}{space 1}TaxReported {c |}{res}      2,139    465.8654    338.3993       -250       1500
{txt}ActualLiab~y {c |}{res}      2,139    710.5489    243.4902   75.29869   1305.916
{txt}
{com}. sum TaxReported if LiabilityService==1

{txt}    Variable {c |}        Obs        Mean    Std. Dev.       Min        Max
{hline 13}{c +}{hline 57}
{space 1}TaxReported {c |}{res}      1,324    594.8659     295.165       -250     1339.5
{txt}
{com}. sum TaxReported if LiabilityService==0 & LiabilityServiceAvailable==1

{txt}    Variable {c |}        Obs        Mean    Std. Dev.       Min        Max
{hline 13}{c +}{hline 57}
{space 1}TaxReported {c |}{res}      1,820    536.5882    313.5483       -250       1375
{txt}
{com}. 
. 
. 
. 
{txt}end of do-file

{com}. log close
      {txt}name:  {res}<unnamed>
       {txt}log:  {res}D:\Research\Tax Withholding\VMB Replication (log).smcl
  {txt}log type:  {res}smcl
 {txt}closed on:  {res}25 May 2020, 15:26:13
{txt}{.-}
{smcl}
{txt}{sf}{ul off}